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necessary to be so raised by taxes levied against the taxable property la the district la such tiscal year. The board of county commissioners shall at the time of making the levy of county taxes fog that year l w y the tar so certified upon all taxable property la the district, said tax when levied shall he entered upon the assessment rolls and coll­ected la the game manner as state and county taxes and the proeeeds thereof shall be paid to the treasurer of the district to he used for the par poses for which the tax was levied. All taxes levied as herein provided shall constitute a Ilea on the property charged therewith from the date of the date of the levy thereof toy the county comm-lseioners, or the entry thereof on the assessment roll of the county auditor, until the same are paid, and thereafter^ If allowed to be* corns delinquent, shall be enforced In the same manner as la new pro­vided by law for the ooilsotIon of state and ooaaty taxes. Ho addition­al allowance, fee or compensation shall he paid to any officer for tarrying ont the provisions of this section* In the event that the total taxaa requested to he levied la any one year by the district and the political subdivisions which overlap it should, exceed fif tv HI— III ........IWI— IW IW . .1 W IIII. * iW i mWl.>.ii|iiMiilBrtl|BW| . ii>i,i|,ia e i llli i Mil I ......................ill ? I ^ W II IH M IIIMOU M W I.— ?»! 1.1 W>.|,| . .................m m W rn aills and reduction thereof shall become necessary by reason of the restriction contained in section s of article X of the constitution of Nevada, the hoard charged with the duty of yaevieg such reductions and allocations Is hereby required to allocate to the district suff­icient taxes to assure the payment to the district of money suffic­ient to make certain the prompt payment of principal of and interest on any bonds of the district which nay have been issued with the Pledge of the full faith, credit and resources of the district, and where bonds have so issued, tha district shall be regarded as a pol­itical subdivision of the state of Nevada for the purposes of chapter £33,. Statutes of Nevada* 1947* and the provisions of said chapter shall he applicable to said district* Such bonds shall he in coupon form, hat may he made regiatarable as to principal if so provided in the resolution adopting the proposal to he submitted at any bond election. The bonds shall be in the de­nomination of $100 or a multiple thereof, shall bear interest at a coupon rate not exceeding six percent per annum, shall mature serially